Paras Fittings Private Limited

Manufacturer of pipe fittings and flanges for various industries, with ISO certification.

2008 | Thane, Maharashtra (India) | Active
Last Updated: December 03, 2024

Paras Fittings Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.98 Cr
  • Satisfied Charges ₹ 5.50 M
  • Revenue Growth 57.60%
  • Profit Growth 130.67%
  • Ebitda 30.30%
  • Net Worth 8.36%
  • Total Assets 12.98%

About Paras Fittings

Paras Fittings Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 2008 and has a history of 16 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹3.98 Cr. The company has closed loans amounting to ₹5.50 M, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Parihar, Parasmal Purohit, Mulidevi Purohit, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parasfittings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27203MH2008PTC184872

  • Company No.

    184872

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Paras Fittings?

Board Members (4)

NameDesignationAppointment DateStatus
Mahesh Parihar Country flag representing In Director 21-Jul-2008Current
Parasmal Purohit Country flag representing In Director 21-Jul-2008Current
Mulidevi Purohit Country flag representing In Director 01-Aug-2008Current
Jabbarsingh Purohit Country flag representing In Director 08-Feb-2010Current

Financial Performance of Paras Fittings.

Paras Fittings Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.6% increase. The company also saw a substantial improvement in profitability, with a 130.67% increase in profit. The company's net worth moved up by a moderate rise of 8.36%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
57.60%
Revenue from Operations
57.94%
Total Assets
12.98%
Profit or Loss
130.67%
Net Worth
8.36%
EBITDA
30.30%

What is the Ownership and Shareholding Structure of Paras Fittings?

In 2020, Paras Fittings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.76 M

Satisfied Charges

₹5.50 M

Charges Breakdown by Lending Institutions

  • Others : 3.98 Cr

Latest Charge Details

DateLenderAmountStatus
09 Feb 2022Others₹1.50 MOpen
21 Oct 2016Others₹3.83 CrOpen
16 Oct 2012Canara Bank₹5.50 MSatisfied

How Many Employees Work at Paras Fittings?

Unlock and access historical data on people associated with Paras Fittings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Fittings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paras Fittings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Paras Fittings

Recent activity within the organization

  • Annual General Meeting

    Paras Fittings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paras Fittings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100575068 was registered on 09 Feb 2022.

    09 Feb 2022

  • Charges

    A charge with Others of Rs. 38.27 M registered on 21 Oct 2016 with Charge ID 100057987 was modified on 15 Feb 2021.

    15 Feb 2021

  • Charges

    A charge registered on 16 Oct 2012 via Charge ID 10390840 with Canara Bank was fully satisfied on 11 Apr 2017.

    11 Apr 2017

  • Charges

    A charge with Others amounted to Rs. 38.27 M with Charge ID 100057987 was registered on 21 Oct 2016.

    21 Oct 2016

Frequently asked questions

  • Paras Fittings Private Limited was incorporated on 21 Jul 2008.

  • The authorized share capital of Paras Fittings Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.00 M.

  • Currently 4 directors are associated with Paras Fittings Private Limited.

    • Mahesh Chandra Parihar
    • Parasmal Kesharamji Purohit
    • Mulidevi Parasmal Purohit
    • Jabbarsingh Kesharamji Purohit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Fittings Private Limited is Unit 111 1St Flr Sudama Indl Estate Opp.Reliance Infra Mira Bhayandar Rd, East India, Thane, Maharashtra, 401105.

  • The corporate identification number (CIN) of Paras Fittings Private Limited is U27203MH2008PTC184872 and the company number is 184872 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Fittings Private Limited is https://www.parasfittings.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paras Fittings Private Limited has risen by 57.60%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paras Fittings Private Limited has experienced an upsurge of 8.36%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paras Fittings Private Limited amount to ₹ 3.98 Cr.

  • The most recent Balance Sheet for Paras Fittings Private Limited was filed with the ROC on 31 Mar 2024.